RBI Governor Das: The Urgent Need for Fair Practices in NBFCs

RBI Governor Shaktikanta Das is sounding the alarm that some non-banking finance companies (NBFCs) are all about fast growth but aren't thinking about sustainability. This could stir up financial trouble, especially with high interest rates and fees flying around. Das is all for better risk management and compliance in NBFCs to keep things steady in the long run.

0 Comments

98% Of Rs 2,000 Notes Are Returned: RBI Reports

As of October 2023, the Reserve Bank of India says that 98% of the Rs 2,000 notes have been returned since they announced they were pulling them from circulation back in May. The total value of these notes has dropped from Rs 3.56 lakh crore to just Rs 7,117 crore.

0 Comments

End of content

No more pages to load